nep-cwa New Economics Papers
on Central and Western Asia
Issue of 2018‒06‒11
two papers chosen by
Sultan Orazbayev


  1. Just Like A Woman? New Comparative Evidence on the Gender Income Gap across Eastern Europe and Central Asia By Blunch, Niels-Hugo
  2. Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan By Mogilevskii, Roman; Asadov, Shokhboz

  1. By: Blunch, Niels-Hugo
    Abstract: I examine the incidence and determinants of the gender income gap in Kazakhstan, Macedonia, Moldova, Serbia, Tajikistan, and Ukraine using recent household data based on an identical survey instrument across countries. Four main results are established, using a range of estimators, including OLS, interval regression, and quantile regression: (1) the presence of a substantively large gender income gap (favoring males) in all six countries; (2) some evidence of a gender-related glass ceiling in some of these countries; (3) some evidence that endowments diminish the income gaps, while the returns to characteristics increase the gaps; and (4) while observed individual characteristics explain part of the gaps, a substantial part of the income gap is left unexplained. In sum, these results are consistent with the presence of income discrimination towards females but at the same time also point towards the importance of continued attention towards institutions and economic policy for decreasing the gender income gap in these former formally gender neutral economies — notably through attention towards the maternity and paternity leave system, as well as public provision of child care.
    Keywords: Gender,income gap,Oaxaca-Blinder decomposition,detailed decomposition,maternity/paternity leave policies,Eastern Europe and Central Asia
    JEL: J16 J31 J7
    Date: 2018
    URL: http://d.repec.org/n?u=RePEc:zbw:glodps:211&r=cwa
  2. By: Mogilevskii, Roman (Asian Development Bank Institute); Asadov, Shokhboz (Asian Development Bank Institute)
    Abstract: We analyze financial inclusion, literacy, and education in Tajikistan. We discuss the progress in financial inclusion and the sector’s response to the major external shock associated with the sharp fall in Tajik labor migrants’ remittances. We analyze the policies dealing with different aspects of financial inclusion with a focus on the regulatory framework, penetration of new financial technologies, and the existing barriers to inclusion; and we give recommendations on how to improve financial inclusion and financial literacy in the country.
    Keywords: financial inclusion; financial literacy and education; Tajikistan
    JEL: G21 G28 O16
    Date: 2018–06–05
    URL: http://d.repec.org/n?u=RePEc:ris:adbiwp:0847&r=cwa

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